2020 HKD to ISK Historical Review

YEARLY HIGH

19.0060 ISK

YEARLY LOW

15.5338 ISK

YEARLY AVERAGE

17.4498 ISK

2020 HKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 19.0060. Conversely, the yearly low was recorded on January 1, dropping to 15.5338.

This high-to-low spread represents a total annual volatility of 3.4722 ISK. From a start-to-finish perspective, comparing the January average rate of 15.8846 to the December average rate of 16.4318, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.0060 was up 17.16% compared to the 2019 peak of 16.2224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 475,151 ISK

2019 Average 391,096 ISK

Yearly Trough Low 388,346 ISK

Transaction Impact: A difference of 86,804.87 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.9054

15.6100

JanuMarcMayJulySeptNove

HKD to ISK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 17.3582, compared to 17.5413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1830 points.

H1 Avg (Jan–Jun) 17.3582

H2 Avg (Jul–Dec) 17.5413

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0298 ISK (High: 18.2856 / Low: 16.2558). On the other end, August was the most stable month, with a tight range of 0.4396 ISK (High: 17.8456 / Low: 17.4060).

March Spread (Volatile) ±2.0298

August Spread (Stable) ±0.4396

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1824 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 18.4905) against the same month in 2019 (average: 15.6480), the exchange rate shifted by +2.8425 (+18.17%).

2020 Avg (May) 18.4905

2019 Avg (May) 15.6480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.0370	15.5338	15.8846
February	16.4758	15.8387	16.2720
March	18.2856	16.2558	17.3576
April	18.9964	18.3342	18.6308
May	19.0060	17.5179	18.4905
June	18.0161	16.9515	17.5139
July	18.1774	17.3468	17.8488
August	17.8456	17.4060	17.6363
September	18.1254	17.4178	17.7795
October	18.2251	17.7806	17.9371
November	18.2263	17.1483	17.6142
December	16.8842	16.1584	16.4318